How the Fed's "Money Printer" Really Works
Ben Felix · 2 HN recommendations
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Ben Felix explains how central bank money creation and quantitative easing actually work, and what they do and do not imply for asset prices and currency. He addresses the common belief that the Fed prints unlimited money and props up markets.
Why HN recommends it: HN users point to it to correct the 'money printer go brrr' view and as a clear explanation of how banks create money through loans.
“Highly recommend this video to understand and this channel in general” Read on HN ↗